Chetan Dave, PhD, MA, BA (Hons.)

Area of Study / Keywords

Macroeconomics Macroeconomic Forecasting Macroeconomic Policy Applied Econometrics Asset Pricing Behavioural Economics Behavioural Finance Experimental Economics Investment Analyses Technical and Structural Forecasting

About

Chetan Dave is a professor at the University of Alberta’s Department of Economics. He holds a bachelor’s degree in economics (with honours) from McGill University, a master’s degree in economics from the University of British Columbia and a doctoral degree in economics from the University of Pittsburgh. Early in his career, he worked as an economist for Statistics Canada and the Department of Finance Canada.

Chetan’s areas of expertise include macroeconomics, behavioural economics and experimental economics. Chetan has extensive research and teaching experience, having held academic positions in the USA and the Middle East. In 2018, he received the Best Paper Award at the 27th Annual Eurasia Business and Economics Society (EBES) Conference for his work on public goods and inequality aversion.

Chetan served as the associate editor of the Journal of Economic Behavior and Organization from 2011–2016. and has delivered presentations and conference talks for institutions all over the world.

Research

Articles

Dave, C., & Sorge, M. (2024). Fat Tails in DSGE Modeling: A Survey and New Results. Journal of Economic Surveys, 1–26.

Ball, S., Dave, C. & Dodds, S. (2023). Enumerating Rights: More Is Not Always Better. Public Choice 196, 403–425.

Dave, C., & Sorge, M. M. (2021). Equilibrium Indeterminacy and Sunspot Tales. European Economic Review, 140.

Dave, C., Ghate, C., Gopalakrishnan, P., & Tarafdar, S. (2020). Fiscal Austerity in Emerging Market Economies. Studies in Nonlinear Dynamics and Econometrics, 25(5), 365–391.

Dave, C., & Feigenbaum, J. (2020). Precautionary Learning and Inflationary Biases. Macroeconomic Dynamics, 24(5), 1124–1150. 

Dave, C., Hamre, S., Kephart, C., & Reuben, A. (2020). Subjects in the lab, Activists in the Field: Public Goods and Punishment. Eurasian Economic Review: A Journal in Applied Macroeconomics and Finance, 10(3), 533–553.

Dave, C., & Sorge, M. M. (2020). Sunspot-driven Fat Tails: A Note. Economics Letters, 193.

Books

DeJong, D. N., & Dave, C. (2011). Structural Macroeconometrics, 2nd Ed. Princeton University Press.

DeJong, D. N., & Dave, C. (2007). Structural Macroeconometrics. Princeton University Press.

Teaching

Chetan teaches courses on Money (Econ 241) and Money and Banking (Econ 341) at the undergraduate level. At the graduate level he teaches courses in Macroeconomic Theory and Structural Macroeconometrics.

ECON 241 - Money

Money is more than a means of exchange; its use and misuse has political, psychological, and sociological consequences. This course explores the role of money in human development through time and space. Prerequisites: ECON 101 and 102.

ECON 681 - PhD Macroeconomic Theory I

Material covered will include an introduction to dynamic mathematics, with applications to optimal and endogenous growth theories, and real business cycles.

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